Tag Archives: Antitrust

Court grants final approval to NAR’s landmark settlement deal

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Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading →

NAR CEO signals support for ‘3-way agreement’ amid Realtor pushback

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At the National Association of Realtors’ annual conference, CEO Nykia Wright emphasized the need to rebuild its relationships with large brokerages and doubled down on NAR’s governance. Continue reading →

‘Thank u, NXT:’ NAR steers clear of Clear Cooperation at its big event

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A National Association of Realtors spokesperson told Inman that the trade organization is continuing to gather feedback on the pocket listing rule through “many channels.” Continue reading →

After NAR deal, MLSs will have to reinvent themselves — or else

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At NAR NXT, panelists Marilyn Wilson, James Dwiggins and Clint Skutchan advised MLSs to make themselves essential without guaranteeing compensation. Continue reading →

In latest Gibson ruling, judge offers clues on fate of NAR settlement

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Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals “provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case.” Continue reading →

NAR asks court to toss antitrust lawsuit from Michigan brokers

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Trade group says plaintiffs’ complaint over “compulsory” Realtor membership to access the MLS is “nothing more than a desire to have membership benefits without membership.” Continue reading →

Objections fly in against NAR and HomeServices settlement deals

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The proposed settlements seek to cover too many claims for too little money and let too many in the industry have a “free pass,” more than a dozen homesellers argued ahead of a Nov. 26 decision. Continue reading →

Proposed NAR settlement ‘worst of all possible worlds’: Law professor

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Tanya Monestier says the settlement “reinforces the existing system of seller-paid inflated compensation while pretending to eliminate it” as attorneys walk away with $333 million in cash. Continue reading →

‘Not done’: Antitrust litigation in real estate is just warming up

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In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk. Continue reading →

‘Danger Report’ sequel lays out 20 ‘opportunities’ for real estate

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The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance. Continue reading →